Nord Finance: Monthly recap February 2021
Nord Finance: The Quick Wrap of the February Recap
A quick compilation of the rollercoaster ride that we witnessed throughout the month of February. Indeed, February was fruitful for Nord Finance as we fuelled major updates on our product and technological journey, reinforcing our vision of simplifying DeFi. We would like to express gratitude to our awesome community for supporting us while we conquered chartered territories.
This monthly recap is a consolidation of the partnerships, product updates, integrations, listing and community updates that the Nord team has relentlessly worked on so far.
Product and Technological Updates
- Nord savings V1 Beta Testing going Live
Nord finance announced the successful launch of the Community Beta Testing Program to allow users experience the user friendly Nord savings V1 interface through a whitelisting process. This garnered immense support from the community in testing the intuitiveness and smooth navigating experience of the Nord Saving’s interface.
- Nord’s 18% circulating supply locked in BitMax Staking+Uniswap LP Program
An initial milestone witnessed $NORD’s 18% circulating supply locked in the BitMax Staking and Uniswap Liquidity Providers’ program with lucrative returns. The APY on Uniswap LP Program was 77%. The APY in BitMax Staking was 81%.
- Nord Finance skyrocketing on CoinGecko
Nord Finance topped the CoinGecko trending chart positioning itself at #2 while nearing to the #RoadToNordsavingsLaunch
- Nord Interface Sneak-Peek
Nord Finance released out an exciting teaser around the platform launch to gear up the community about the exciting things coming ahead.
- Nord’s 37% current circulating supply locked in BitMax Staking+Uniswap LP Program+Unifarm pool
Yet another milestone where $NORD’s 37% circulating supply was locked in BitMax Staking, Uniswap Liquidity Pool and Unifarm Pool.The APY on Uniswap LP Program was 77%. The APY in BitMax Staking was 81%. The APY in Unifarm Pool was guaranteed min 56% to 300%
- Launch of the Nord Savings V1 & Liquidity Mining Program
Nord Finance released an exciting update with the launch of the Nord Savings V1 platform after days of rigorous testing and due diligence. It simultaneously launched the liquidity mining program to incentivize users with 1,000,000 $NORD allocated for the Liquidity Mining Program.
Partnerships & Ecosystem
- Stake $NORD to Earn $MATIC, $ORO, $TVK, $ROUTE and $ZEE
Nord Finance announced a collaboration with Unifarm by OpenDeFi to allow platform users to stake $NORD and farm multiple tokens in the Unifarm pool. With Unifarm, Nord Finance introduced the community to group farming enabling them to earn long term incentives.
- Nord Savings Protocol partners with the leading blockchain security audit firm Zokyo
In order to uphold the highest level of security and safety standards, Nord finance partnered with a leading security audit firm for the due-diligence on Nord savings products, thus maintaining industry-level security audit standards.
Community Updates & Marketing Events
- BitMax x Nord Air Drop Campaign
Nord finance announced the $30,000 USDT worth NORD tokens airdrop on the leading cryptocurrency exchange, BitMax. It was primarily conducted to attract increased participation from the Nord Vikings and create awareness about the Nord finance platform.
- Nord Finance x Unilend Finance AMA
Nord Finance hosted Chandresh Aharwar for an exciting AMA in Nord Finance’s community to discuss the nuances of recent partnership with Unilend contributing to the evolution of DeFi.
- Nord Finance x Gains Associates AMA
Nord Finance’s CEO & Co-Founder, Amarnath Reddy participated in an AMA with Gains Associates to discuss Nord Finance and its product value propositions.
- Nord Finance x Infinity Gainz
Nord Finance joined an exciting AMA session with Infinity Gainz to discuss Nord Finance’s ecosystem, product offerings and its future roadmap.
What’s next?
As we dive into the progressions of March, we promise that we will push our boundaries beyond our status quo by unfolding exciting updates and developments which transpired in the month of February. We already have massive things planned in the pipeline and cannot wait to share it with you. Our integration on the Binance Smart Chain and strategic alliance with public blockchain, Elrond is just a small glimpse of what we are heading towards.
About Nord Finance
Nord Finance, a blockchain agnostic platform, is an advanced decentralized financial ecosystem that focuses on simplifying decentralized finance products for users by highlighting traditional finance’s key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.
At Nord Finance, we are building a one-stop advanced decentralized financial ecosystem to serve the rising needs targeting novice users and professionals to meet their financial goals.
Connect with us.
- Join our Telegram
- Join our Telegram Announcement
- Follow our Twitter
- Visit our Website
- Mail us at contact@nordfinance.io
